TRAC: Despite Rising Deficits, IRS Audits of the Largest and Richest Corporations Decline
“Despite a growing federal deficit, IRS audit efforts aimed at the nation’s largest corporations have precipitously declined in the last few years and now are at an all time low, according to the analysis of agency data by the Transactional Records Access Clearinghouse (TRAC). Among corporations reporting assets of $250 million or more, the IRS …